🚀 Medial just raised $500k in Pre-Series A. Tap to read the announcement. 🎉
Login

Back to feeds

Havish Gupta

Stealth • 7m

Everything about Flipkart! So the story date's back to 2007 Sachin and Binni were working at Amazon India. Amazon had plans to set up E-com in india but didn't due to reccsion and less interest usage. Later they left Amazon and started Flipkart as

See More

Havish Gupta

Stealth • 7m

In 2013, Amazon entered india, but flipkart wasn't stressed because of strong brand they created and they also raised $2 Billion that year. Later they introduced the big billion day sale where they sold ₹600cr worth of goods in one day. This was followed by Flipkart acquiring bunch of startups. But then, Flipkart faced a ton of competition from Amazon due to it's prime service (which offered fast delivery, ott and music). They also did some mistake like using app only model which led to customer shifting to competition. Today, flipkart boasts a ₹56,000cr sales and is biggest startup in india. Internal Issues The Board didn't liked Sachin's work so he was forced to resign as CEO and Binny become the CEO. Then Sachin approached companies to aquire them thinking this would get him CEO's position. Walmart did Aquire it for $17 billion but Sachin didn't become the ceo. Later both founders resigned and started Navi and xTo10x individually.

0 replies2 likes

More like this

Recommendations from Medial

Image Description
Image Description

Havish Gupta

Stealth • 7m

Everything about Flipkart! So the story date's back to 2007 Sachin and Binni were working at Amazon India. Amazon had plans to set up E-com in india but didn't due to reccsion and less interest usage. Later they left Amazon and started Flipkart as

See More
5 replies13 likes
Anonymous
Image Description
Image Description

Anonymous

Stealth • 8m

How much it cost to build a Amazon and Flipkart like software?

2 replies2 likes
Anonymous
Image Description
Image Description

Anonymous

Stealth • 6d

How Amazon and Flipkart used to avoid scam by sellers during early days? I am asking when Fulfilment by Amazon and Flipkart was not very prominent. I have heard in news channels that one guy ordered laptop through Flipkart have received bricks.

5 replies1 like
1
Image Description
Image Description

Uttkarsh Singh

Stealth • 3m

Blinkit has a big potential to disrupt Amazon and Flipkart, what do you think?

3 replies16 likes

Giggity

Stealth • 5m

What do you think of stores like sandgeetha and pai do you think they'll survive Amazon and Flipkart?

0 replies4 likes

RIKASH CLINTON.J

Stealth • 3m

Will you move to a new platform offering better products at affordable prices than Amazon, flipkart and meesho?

0 replies3 likes
Image Description
Image Description

LIKHITH

Stealth • 7m

Hey folks ! Realme and one plus are leaving the TV Market ! Why??? 1.They can't earn much profit from budget segment 2.They failed in the premium segment ●They are selling their stocks in amazon and flipkart ●Official websites are closed

15 replies10 likes
Image Description
Image Description

Vaibhav Babruwan Shingde

Stealth • 9m

Do you think that , There is lot of competition for Flipkart and Amazon because of Zepto,Blinkit , Instamart and Many more etc. Do you think that companies like Amazon, Flipkart will pivot their business with competing with Zepto , Blinkit and Inst

See More
9 replies10 likes
Image Description
Image Description

BigLoot IN

Stealth • 29d

Many Industries in India Facing Duopoly • Amazon and Flipkart • Jio and Airtel • Zomato and Swiggy • BJP and Congress Any Other Interesting Names? 😉

2 replies4 likes

vikram singh

Stealth • 8d

I am web developer,seo expert, digital marketing expert,google ads expert flipkart and Amazon selling expert I have few startup ideas ..

0 replies1 like

Download the medial app to read full posts, comements and news.